The Credit Crunch Continues, Especially for Small Businesses and Consumers

by Benjamin Domenech on 9:45 am October 2, 2009

“Since the onset of the credit crisis over two years ago, available credit to small businesses and consumers has contracted by trillions of dollars, and that phenomenon is reflected in dismal consumer spending trends. Equally worrisome are the trends in small-business credit, which has contracted at one of the fastest paces of any lending category.”

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